Top of main content

HSBC InvestDirect Administrative Fees

Registered and Non-Registered Accounts

HSBC InvestDirect Administrative Fees for both registered and non-registered accounts

  Fee Type Amount
Account Maintenance Fee 1

Clients with combined assets of $25,000 CAD or more across all of their HSBC InvestDirect accounts.

 

The fee is also waived if a client meets any one of the following criteria:

  • Your first account has been opened for less than 90 days. 
  • You are a JADE customer. 
  • Has a combined total of three or more commissionable trades2 during the quarter across all HSBC InvestDirect accounts (registered and non-registered).
No fee
  Clients with combined assets of less than $25,000 CAD across all of their HSBC InvestDirect accounts. $25 CAD per quarter

Wire Transfers*

(at point of request)

To other Financial Institutions in Canada

To HSBC branches (Local and Global)

Stop Wire Payment

$50

$35

$25

Handling

Transaction amendment for same beneficial owners

NSF cheque

Stop payment

Standard Estate processing4

Cheque request*

Credit Sellout Handling Fee6

Internal Transfer Fee7

Special courier (Canada)

Special courier (US)

Special courier (International)

$50


$50

$25

$200

$25

$15

$25 per request

$35 per courier

$70 per courier

$100 per courier

Hypothecated Account

Setup Fee

Annual Fee5

$250

$200

Document Administration

Search for records

Confirmation slip replacement (per document)

Confirmation slip over 3 months old (per document)
Duplicate trading summary

Duplicate Tax slip 

Statement replacement4

Letter writing

$25 per half hour, min. $25

$5
$135


$20 per document

$20 per document
$20 per document

$25 per letter

Security Registration4

Certificate deposit

Canadian security registration

Canadian security registration, rush

US security registration

US security registration, rush

Foreign security registration (other than US)

U.S. share ownership statement (per statement)

 

 

$100 per certificate

 

$200 per certificate

$400 per certificate

$200 USD per certificate

$400 USD per certificate

$300 per certificate

$50 USD per statement

Transfer Out

(at point of request)

Account transfer out – full

Account transfer out – partial

$135

$135

Special Services

American Depositary Receipt (ADR) fee – banks that custody ADRs charge fees on a per share basis, which may vary by individual ADRs and are passed through to ADR investors.

N/A

Registered and Non-Registered Accounts

HSBC InvestDirect Administrative Fees for both registered and non-registered accounts

  Account Maintenance Fee 1
Fee Type

Clients with combined assets of $25,000 CAD or more across all of their HSBC InvestDirect accounts.

 

The fee is also waived if a client meets any one of the following criteria:

  • Your first account has been opened for less than 90 days. 
  • You are a JADE customer. 
  • Has a combined total of three or more commissionable trades2 during the quarter across all HSBC InvestDirect accounts (registered and non-registered).
Amount No fee
   
Fee Type Clients with combined assets of less than $25,000 CAD across all of their HSBC InvestDirect accounts.
Amount $25 CAD per quarter
 

Wire Transfers*

(at point of request)

Fee Type

To other Financial Institutions in Canada

To HSBC branches (Local and Global)

Stop Wire Payment

Amount

$50

$35

$25

 

Handling

Fee Type

Transaction amendment for same beneficial owners

NSF cheque

Stop payment

Standard Estate processing4

Cheque request*

Credit Sellout Handling Fee6

Internal Transfer Fee7

Special courier (Canada)

Special courier (US)

Special courier (International)

Amount

$50


$50

$25

$200

$25

$15

$25 per request

$35 per courier

$70 per courier

$100 per courier

 

Hypothecated Account

Fee Type

Setup Fee

Annual Fee5

Amount

$250

$200

 

Document Administration

Fee Type

Search for records

Confirmation slip replacement (per document)

Confirmation slip over 3 months old (per document)
Duplicate trading summary

Duplicate Tax slip 

Statement replacement4

Letter writing

Amount

$25 per half hour, min. $25

$5
$135


$20 per document

$20 per document
$20 per document

$25 per letter

 

Security Registration4

Fee Type

Certificate deposit

Canadian security registration

Canadian security registration, rush

US security registration

US security registration, rush

Foreign security registration (other than US)

U.S. share ownership statement (per statement)

Amount

 

 

$100 per certificate

 

$200 per certificate

$400 per certificate

$200 USD per certificate

$400 USD per certificate

$300 per certificate

$50 USD per statement

 

Transfer Out

(at point of request)

Fee Type

Account transfer out – full

Account transfer out – partial

Amount

$135

$135

 

Special Services

Fee Type

American Depositary Receipt (ADR) fee – banks that custody ADRs charge fees on a per share basis, which may vary by individual ADRs and are passed through to ADR investors.

Amount N/A

Registered accounts

HSBC InvestDirect Administrative Fees for registered accounts.

  Fee Type Amount

Registered Accounts

(RRSP, RRIF, Locked-In Plans)

RSP de-registration (at point of request)

 

RIF – unscheduled withdrawal

$135 Full   -   $75 Partial

 

1 free per year

$50 for each additional

Investment to Private Companies/Equities

(on approval basis only3,4)

Setup fee

Annual fee5

Reorganization fee

Redemption fee

Certificate registration

$300

$150

$250

$250

$100

Registered Educational Savings Plans

Annual administration fee

Transfer fee (full or partial)

$50

$135

Lifelong Learning Plan / Home Buyer’s Plan Full de-registration $50
Lifelong Learning Plan / Home Buyer’s Plan Partial de-registration $25

Mortgage Held in a Self-Directed Retirement Savings Plan (SDRSP)

Please note that we no longer accept SDRSP mortgages.

Annual administration fee

$450

Registered accounts

HSBC InvestDirect Administrative Fees for registered accounts.

 

Registered Accounts

(RRSP, RRIF, Locked-In Plans)

Fee Type

RSP de-registration (at point of request)

 

RIF – unscheduled withdrawal

Amount

$135 Full   -   $75 Partial

 

1 free per year

$50 for each additional

 

Investment to Private Companies/Equities

(on approval basis only3,4)

Fee Type

Setup fee

Annual fee5

Reorganization fee

Redemption fee

Certificate registration

Amount

$300

$150

$250

$250

$100

 

Registered Educational Savings Plans

Fee Type

Annual administration fee

Transfer fee (full or partial)

Amount

$50

$135

  Lifelong Learning Plan / Home Buyer’s Plan
Fee Type Full de-registration
Amount $50
  Lifelong Learning Plan / Home Buyer’s Plan
Fee Type Partial de-registration
Amount $25
 

Mortgage Held in a Self-Directed Retirement Savings Plan (SDRSP)

Please note that we no longer accept SDRSP mortgages.

Fee Type

Annual administration fee

Amount

$450

HSBC InvestDirect is a division of HSBC Securities (Canada) Inc., a wholly owned subsidiary of, but separate entity from, HSBC Bank Canada. HSBC Securities (Canada) Inc. is a member of the Canadian Investor Protection Fund.

GST, HST and Provincial taxes are charged where applicable.

Fees charged in Canadian dollars (CAD) unless otherwise specified.  All fees listed are as of July 1, 2022.  Fees subject to change with prior notice.

Fees for services in foreign accounts (other than US) are charged in CAD or CAD equivalent.

* For CAD or USD wire transfers and cheque requests, fees are charged in currency of the account.

1 This fee will be assessed based on client information as of the end of each quarter (March 31, June 30, September 30, December 31) and, where applicable, will be charged in April, July, October and January of every year.  Combined assets includes all accounts with the same base account number (CAD & foreign currency) on the last day of the quarter.

2 Commissionable trades are: Buys and sells of Equities, ETFs, Options, Mutual Funds and Fixed Income – Bonds, Treasury Bills, Bankers’ Acceptances, Bearer Deposit Notes, Commercial Paper and Crown Corporation Money market Instruments. The following are not considered commissionable trades:  Buys and sells of Guaranteed Investment Certificates (GICs), Term Deposits, High Interest Rate Savings Accounts, Canada Savings Bonds and Provincial Savings Bonds.

3 Transactions subject to acceptance by HSBC InvestDirect. 

4 Other charges may apply, including but not limited to all applicable fees incurred from the transfer agent, lawyer, or issuing company for re-registration. 

5 The fee is debited from the account on or around January 15th of the following year. 

6 In addition to commission charges, the handling fee will be applied to HSBC InvestDirect credit sell-outs of Under-Margined/Debit Balance Accounts. 

7 Applied when Clients initiate a security movement from one account to another. (ie. joint to single, single to joint, personal to non-personal, non-personal to personal, non-personal to non-personal etc.)

Terms and Conditions | Website User Agreement | System Information | Order Processing | Member - Canadian Investor Protection Fund | Contact HSBC InvestDirect

Listening to what you have to say about services matters to us. It's easy to share your ideas, stay informed and join the conversation.